Examples of Common Units in a sentence
The Member may sell, assign, transfer, convey, gift, exchange, pledge or otherwise dispose of any or all of its Common Units and, upon receipt by the Company of a written agreement executed by the person or entity to whom such Common Units are to be transferred agreeing to be bound by the terms of this Agreement as amended from time to time, such person shall be admitted as a member.
The Member shall own all of the Common Units issued and outstanding, as set forth on Schedule A attached hereto.
All Common Units shall be identical with each other in every respect.
The Member hereby agrees that the Common Units shall be securities governed by the Uniform Commercial Code of the applicable jurisdiction.
The New NCM Common Units are subject to restrictions on transferability pursuant to the Amended LLC Agreement.